Funds functioning as an endowment but for which there are no donor restrictions are called quasi- endowments.

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a. False

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Accounting for Governmental and Nonprofit Entities

ISBN: 978-1259917059

18th edition

Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely

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Posted Date: Jan 27, 2024 02:04 AM

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Funds functioning as an endowment but for which there are no donor restrictions are called quasi- endowments.

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b True Quasiendowments ... View the full answer

Accounting for Governmental and Nonprofit Entities

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